Jay M. Inbar
Long Island
61571639
Services: Construction, Contractors
$750,000
2003
8
$950,000
$250,000
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Retirement.
Overview of the Business:
Well established national franchise specializing in home repair in prosperous Long Island locations. This franchise was purchased in 2003 by two bankers and has grown to $1M in gross billings. The proven strategy of the company focuses on time-starved but prosperous homeowners that need repairs done to their homes but either lack the time or expertise to properly complete the task. The business is entirely run by experienced operations managers and technicians in company vans. The new owner will focus on expanding the business through advertising, direct mail, referral. All technicians are uniformed company employees and drive a company van with GPS. All seven territories are available or can be purchased individually. Business is owned by former bankers. The franchise is the number #1 rated home repair franchise and is helped by the fact that 75% of homes in the area are over 20 years old. The company focuses on small repair that is underserved in the marketplace. This is cash-flow positive franchise that has always made money from day 1. Well-documented records, gps review of technicians as to location, speed and time spent at job site.
Property Features and Assets:
Centralized modern office with full equipment including advanced modern telephone, computers with specialized proprietary software, new office furniture. Located near major highways for prompt response. GPS oversight of drivers.
Market Competition and Expansion:
The company is rated the # home repair franchise in the country.
Additional Details: